Filed June 27, 2024
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,190 | $202,432-18.9% | $169,368-3.1% | $139,434+17.8% |
| Participation rate | 75.0% | 81.1%-6.1pp | 77.1%-2.1pp | 80.3%-5.3pp |
| Annual return | 11.07% | 531.74%-520.7pp | 405.60%-394.5pp | 372.94%-361.9pp |
| Employer contribution / active EE | $625 | $4,692-86.7% | $4,013-84.4% | $4,751-86.8% |
| Participant deferral / active EE | $4,064 | $6,938-41.4% | $6,221-34.7% | $6,710-39.4% |
| Admin fee / account holder | $1,899 | $10,708-82.3% | $9,003-78.9% | $11,403-83.4% |